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What is the degree of operating leverage (DOL) Sales $1,000,000 Variable costs 40,000 Contribution margin 960,000 Fixed manufacturing costs 250.000 Operating income 710.000 Interest 50.000

image text in transcribed What is the degree of operating leverage (DOL)

Sales $1,000,000 Variable costs 40,000 Contribution margin 960,000 Fixed manufacturing costs 250.000 Operating income 710.000 Interest 50.000 Earnings before taxes 660.000 Taxes 165,000 Net income $495.000 Shares outstanding 10,000 What is the Degree of Operating Leverage (DOL)? 2 decimals

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